Mortgage rates dipped recently and are maintaining steady at terrific lows for home buyers and borrowers looking to refinance. A Boston area lender told me they were at 3.625% on a 30 year fixed as of  yesterday. Recent comments by the Fed regarding caution on raising rates have driven the stock market higher and interest rates lower.

 

See the article from Mortgage News Daily below for more in depth interest rate averages.

 

Mortgage Rates Steady at Recent Lows